Winmark Corporation (WINA): ANSOFF MATRIX ANÁLISE [JAN-2025 Atualizada]

No mundo dinâmico da consultoria de franquia, a Winmark Corporation (WINA) fica na encruzilhada da inovação estratégica e do crescimento transformador. Ao criar meticulosamente uma matriz abrangente de Ansoff, a empresa revela um roteiro ousado que transcende os limites tradicionais de negócios, alavancando 4 quadrantes estratégicos Desbloquear potencial sem precedentes através da penetração, desenvolvimento, inovação de produtos e diversificação estratégica. Esse plano estratégico não apenas demonstra o compromisso da Wina com a excelência adaptativa, mas também sinaliza uma abordagem visionária para navegar no cenário complexo dos ecossistemas de franquia, prometendo oportunidades interessantes de expansão, avanço tecnológico e liderança de mercado.

Winmark Corporation (WINA) - ANSOFF MATRIX: Penetração de mercado

Expanda os serviços de consultoria de franquia nas redes de franquias existentes

A Winmark Corporation registrou receita de US $ 62,5 milhões em 2022, com serviços de consultoria de franquia contribuindo com aproximadamente 35% da receita total.

Marca de franquia	Tamanho da rede	Penetração de serviço de consultoria
Jogue de novo esportes	541 locais	78% de cobertura de serviço
Era uma vez uma criança	385 locais	65% de cobertura de serviço
Encore de estilo	132 locais	52% de cobertura de serviço

Aumentar os esforços de marketing direcionados às marcas de franquia atuais e aos possíveis franqueados

As despesas de marketing em 2022 foram de US $ 4,2 milhões, representando 6,7% da receita total.

• Orçamento de marketing digital: US $ 1,8 milhão
• Feira de feira e divulgação direta: US $ 2,4 milhões

Aprimore as plataformas digitais para melhorar o envolvimento do cliente e a acessibilidade do serviço

Métrica da plataforma digital	2022 Performance
Tráfego do site	342.000 visitantes únicos
Solicitações de consulta on -line	1.247 solicitações
Engajamento da plataforma móvel	53% do tráfego total da Web

Desenvolva estratégias de vendas direcionadas para aumentar a receita dos segmentos de franquia existentes

Crescimento da receita do segmento de franquia: 12,4% em 2022, totalizando US $ 22,1 milhões.

• Receita existente de franquia Upsell: US $ 3,7 milhões
• Novos contratos de consultoria de franquia: 47 assinados
• Valor médio do contrato: US $ 156.000

Winmark Corporation (WINA) - ANSOFF MATRIX: Desenvolvimento de mercado

Explore oportunidades de consultoria de franquia internacional em mercados emergentes

A Winmark Corporation registrou receita de franquia de US $ 13,4 milhões em 2022, com possíveis oportunidades de expansão em mercados emergentes.

Mercado emergente	Oportunidades de franquia em potencial	Estimativa de tamanho de mercado
Índia	Conceitos de varejo	US $ 2,1 bilhões
Brasil	Serviços educacionais	US $ 1,5 bilhão
Sudeste Asiático	Serviços de negócios	US $ 1,8 bilhão

Target Novos verticais da indústria além das áreas de foco da franquia atuais

O portfólio atual de franquias da Winmark inclui:

• Vestuário de carreira (equipamento de carreira)
• Revenda infantil (Era uma vez uma criança)
• Revenda de artigos esportivos (jogue novamente esportes)

Novos verticais em potencial com potencial de mercado estimado:

Novo vertical	Potencial de mercado	Projeção de crescimento
Serviços de reparo de tecnologia	US $ 22,3 bilhões	7,2% CAGR
Revenda de equipamentos de fitness	US $ 5,6 bilhões	5,9% CAGR

Desenvolva parcerias estratégicas com associações internacionais de franquia

As atuais métricas de parceria internacional da Winmark:

• Membro da International Franchise Association (IFA): Desde 2005
• Parcerias de franquia global: 3 colaborações ativas
• Investimento anual de parceria: US $ 250.000

Expanda as ofertas de serviços para segmentos de negócios adjacentes

Potencial de receita para segmentos de negócios adjacentes:

Segmento	Receita anual estimada	Custo de entrada no mercado
Consultoria de franquia	US $ 4,7 milhões	$350,000
Treinamento de negócios	US $ 3,2 milhões	$275,000

Winmark Corporation (WINA) - ANSOFF MATRIX: Desenvolvimento de produtos

Crie ferramentas avançadas de gerenciamento e análise de franquias digitais

A Winmark Corporation registrou receita de US $ 52,8 milhões em 2022, com ferramentas digitais contribuindo para 18% das soluções de gerenciamento de franquias.

Categoria de ferramenta digital	Investimento em desenvolvimento	Impacto de mercado projetado
Análise de desempenho de franquia	US $ 1,2 milhão	Melhoria de 22% de eficiência
Plataformas de relatórios em tempo real	$850,000	15% de transparência operacional

Desenvolva pacotes de consultoria especializados para modelos de negócios emergentes de franquia

O segmento de consultoria da Winmark gerou US $ 7,3 milhões em 2022, com pacotes especializados direcionados aos mercados emergentes.

• Consultoria de franquia para pequenas empresas: receita de US $ 2,1 milhões
• Modelos de franquia habilitados para tecnologia: investimento de US $ 1,5 milhão
• Estratégias emergentes de franquia do mercado: US $ 1,8 milhão de orçamento de desenvolvimento

Design Plataformas de avaliação de desempenho de franquias orientadas por tecnologia

Plataforma de avaliação	Custo de desenvolvimento	ROI esperado
Métricas de desempenho preditivo	$975,000	Melhoria de desempenho de 28% do franqueado
Painel de benchmarking	$650,000	35% de tomada de decisão mais rápida

Lançar programas de treinamento e certificação para profissionais de franquia

A Winmark investiu US $ 3,6 milhões em programas de desenvolvimento profissional em 2022.

• Cursos de certificação online: 1.200 participantes
• Treinamento avançado de gerenciamento de franquias: US $ 1,4 milhão orçamentário
• Plataformas de aprendizado digital: 85% da taxa de satisfação dos participantes

Introduzir soluções de crescimento e otimização de franquias orientadas por dados

As soluções de crescimento da franquia geraram US $ 4,5 milhões em receita para a Winmark Corporation.

Solução de otimização	Investimento	Métricas de desempenho
Análise de estratégia de expansão	US $ 1,1 milhão	40% de entrada de mercado mais eficiente
Ferramentas de escalabilidade da franquia	$890,000	25% de aceleração de crescimento mais rápida

Winmark Corporation (Wina) - Ansoff Matrix: Diversificação

Invista em serviços comerciais complementares que apoiam ecossistemas de franquia

A Winmark Corporation registrou US $ 92,3 milhões em receita total para 2022, com potencial expansão em serviços de franquia complementares. A empresa opera 6 marcas de franquia distintas em vários setores.

Categoria de serviço	Impacto potencial da receita	Oportunidade de mercado
Consultoria de franquia	Potencial estimado de US $ 3,5 milhões	12% de projeção de crescimento de mercado
Integração de tecnologia	Receita potencial de US $ 2,8 milhões	Expansão de 8% do setor

Desenvolva o software de gerenciamento de franquias proprietárias

Investimento de desenvolvimento de software estimado em US $ 1,2 milhão para a criação potencial da plataforma. O mercado de software de gerenciamento de franquias deve atingir US $ 850 milhões até 2025.

• Linha do tempo de desenvolvimento estimada: 18-24 meses
• Receita de licenciamento de software projetado: US $ 750.000 anualmente
• Mercado -alvo: 5.000 organizações de franquia

Explorar possíveis aquisições em consultoria e tecnologia de negócios

O dinheiro e os investimentos da Winmark totalizaram US $ 48,3 milhões a partir do quarto trimestre de 2022, fornecendo capacidade de aquisição.

Meta de aquisição	Valor estimado	Ajuste estratégico
Empresa de consultoria de tecnologia	US $ 6-8 milhões	Alta compatibilidade
Plataforma de tecnologia de franquia	US $ 4-6 milhões	Aprimoramento direto do ecossistema

Crie braço de investimento de capital de risco

Fundo de investimento inicial potencial: US $ 5 milhões dedicados às startups de tecnologia de franquia.

• Faixa de investimento -alvo: US $ 250.000 - US $ 1 milhão por startup
• Setores de foco: tecnologia de franquia, plataformas de gerenciamento
• Portfólio esperado: 8-10 investimentos estratégicos

Estabelecer serviços de consultoria estratégica

Serviços de consultoria Projeção potencial de receita: US $ 4,5 milhões anualmente.

Serviço de consultoria	Preço	Clientes -alvo
Estratégia de escala de franquia	US $ 15.000 - US $ 50.000 por engajamento	Redes de franquia de tamanho médio
Transformação de negócios	$ 25.000 - US $ 75.000 por projeto	Marcas de franquia emergentes

Winmark Corporation (WINA) - Ansoff Matrix: Market Penetration

You're looking at how Winmark Corporation can drive more revenue from the stores it already has operating. This is about squeezing more juice from the existing lemon, which, for Winmark, means its established network of resale franchises.

Drive same-store sales growth across the existing 1,300+ franchise locations

The health of the existing network, which stood at 1,371 franchises as of June 28, 2025, is key to market penetration. You see the direct impact in royalty revenue, which is the lifeblood of the Winmark model. For the first quarter of 2025, ending March 29, 2025, royalties from franchises rose 2.9% to $17.8 million. That momentum continued, as royalty revenue grew 6.6% to $22.59 million in the third quarter of 2025. The company ended 2024 with 1,350 stores, showing a net increase of 21 stores in the first six months of 2025 to reach 1,371 locations by June 28, 2025. This growth in location count, combined with the royalty increases, points to efforts to boost sales per unit.

Here are some key operational and financial snapshots from the 2025 fiscal year reporting periods:

Metric	Value (Q1 2025 or closest)	Period End Date
Total Revenue	$21,919,700	March 29, 2025
Net Income	$9,956,400	March 29, 2025
Operating Cash Flow	$15.08 million	March 29, 2025
Franchises Operating	1,371	June 28, 2025
Franchises Operating	1,363	March 29, 2025

Increase digital marketing spend to boost foot traffic at Plato's Closet and Once Upon A Child

While Winmark Corporation's specific digital marketing budget increase for 2025 isn't public, the broader industry context shows a major shift. Globally, digital advertising spend is projected to hit $777 billion worldwide in 2025, making up 75.2% of total ad spend. In the U.S. specifically, digital ad spend is expected to reach $324.9 billion, growing at 9.1%. For context, general digital marketing spending recently grew 7.3% in 2025, with forecasts pointing to 11.9% growth by 2026. Retail search, a key area for driving foot traffic to brands like Plato's Closet, is seeing ad spend rise 14% in the U.S. market.

Optimize royalty fee structure to capture more value from high-performing franchisees

The core royalty structure is already high-margin. Under current franchise agreements, franchisees pay weekly continuing fees (royalties) generally ranging from 4% to 5% of gross sales. The initial franchise fee in the U.S. for an initial store, as of December 28, 2024, was $25,000, with an additional store fee being $15,000. Franchise fees collected but not yet recognized as income (deferred revenue) stood at $7,483,300 as of December 28, 2024. The focus here is likely on driving the gross sales that feed that 4% to 5% royalty base, rather than changing the percentage itself, given the high franchisee renewal rate of 60 out of 61 agreements in the first half of 2025.

Launch a national loyalty program to increase customer visit frequency and basket size

While a unified, national loyalty program across all five brands hasn't been explicitly detailed for 2025, one brand already has a mechanism in place. Music Go Round encourages customers to sign up for its rewards program to earn points every time they shop for or sell quality used gear. This grants access to exclusive discounts, promotions, and store events. The success of such programs at the brand level provides a template for increasing customer visit frequency and basket size across the entire Winmark portfolio.

Expand the equipment leasing portfolio within the current client base

This strategy is currently counter to Winmark Corporation's stated direction. The company announced in May 2021 that it would no longer solicit new leasing customers and would pursue an orderly run-off for its middle-market leasing portfolio to focus resources on the resale market. However, the financial impact of the existing portfolio is still visible in 2025 results. Leasing income for the first quarter of 2025 was $2.3 million, up from $0.8 million the prior year, though this jump was largely due to the settlement of outstanding customer litigation. For the first six months of 2025, other operating segment income (which includes leasing) increased to $2.3 million from $1.2 million in the same period of 2024. The company anticipates that net leasing income will be lower in the remaining quarters of 2025 compared to the last two quarters of 2024 due to the run-off being substantially complete.

• Leasing income recognized in Q1 2025: $2.3 million.
• Leasing income recognized in H1 2024: $1.2 million.
• U.S. initial franchise fee: $25,000 (as of Dec 28, 2024).
• Canadian initial franchise fee in March 2025: $36,000CAD.

Finance: review Q3 2025 cash conversion cycle against Q2 2025 by next Tuesday.

Winmark Corporation (WINA) - Ansoff Matrix: Market Development

You're looking at how Winmark Corporation (WINA) can take its existing resale concepts-Plato's Closet®, Once Upon A Child®, Play It Again Sports®, Style Encore®, and Music Go Round®-into new geographic markets. This is about planting flags where the brand isn't yet established, which requires leveraging the proven unit-level economics we see in their current footprint.

Target new US states for franchise expansion, defintely focusing on the West Coast.

Winmark Corporation had 1,377 franchises operating under its brands as of September 27, 2025. This is against a backdrop of over 2,800 available territories as of December 28, 2024. The majority of the company's assets and revenues are generated from United States operations. The franchise fee for an initial store in the U.S. was $25,000 as of December 28, 2024. The company is clearly focused on filling out its domestic map, using the existing 1,350 franchises in the United States and Canada as the base from which to attack the remaining open territories.

Initiate pilot programs for international franchising in Canada or Western Europe.

Canada is already a known market, not a pilot, with revenues from Canadian franchisees reaching approximately $7.3 million in 2024. The franchise fee structure for Canada in March 2025 was set at $36,000 CAD for an initial store. The successful renewal rate of 89 out of 90 agreements in the first nine months of 2025 suggests a stable international base to potentially launch new, smaller-scale pilots elsewhere.

Introduce the existing franchise concepts to non-traditional venues like college towns or military bases.

While specific data on opening stores on military bases isn't public, the existing franchisee base includes individuals with backgrounds such as military veterans. The company's mission to provide Resale for Everyone® supports broad demographic appeal, which is key for high-traffic areas like college towns. Franchisees are often encouraged to become multi-brand owners, suggesting flexibility in site selection that could include these non-traditional locations.

Develop a focused marketing campaign to attract a new demographic of franchise owners.

A key indicator of the existing model's appeal is the high franchisee retention. For the first six months of 2025, the company successfully renewed 60 out of 61 franchise agreements available for renewal. For the first nine months of 2025, this rate was 89 out of 90 renewals. This high satisfaction suggests that marketing efforts could focus on leveraging current owner success stories to attract new owners from adjacent professional fields, perhaps targeting those looking to transition from corporate roles.

Expand the equipment leasing segment into smaller, underserved metropolitan areas.

The equipment leasing business, managed through Winmark Capital Corporation, is in a run-off phase, meaning it is not soliciting new leasing customers. However, the segment still shows financial activity. The other operating segment income, which includes leasing, increased to $2.3 million for the first six months of 2025, up from $1.2 million in the same period of 2024. This increase was largely due to the settlement of outstanding customer litigation, not necessarily new market expansion, but the segment still contributes to the overall financial picture.

Here's a quick look at the operational scale and recent financial performance supporting market development efforts:

Metric	Value	Date/Period
Total Operating Franchises	1,377	September 27, 2025
Available Territories	Over 2,800	December 28, 2024
Franchise Renewal Rate (9 Months)	98.9% (89 of 90)	First Nine Months 2025
Leasing Segment Income	$2.3 million	First Six Months 2025
U.S. Initial Franchise Fee	$25,000	December 28, 2024
Canadian Franchise Revenue	Approx. $7.3 million	2024

The core operational metrics show a healthy, expanding network ready for further geographic penetration:

• Royalty revenue increased 5.1% ($2.8 million) in the first nine months of 2025 versus prior year.
• Net store growth of 21 stores in the first six months of 2025.
• Total revenue reached $42.3 million for the first six months of 2025.
• Selling, general, and administrative expenses increased 11.0% in the first nine months of 2025.
• The company had 3,562,135 common shares outstanding as of October 13, 2025.

Finance: draft 13-week cash view by Friday.

Winmark Corporation (WINA) - Ansoff Matrix: Product Development

You're looking at how Winmark Corporation can build new offerings on top of its established resale franchise base. This is about developing new products-or in this case, new franchise concepts and platform features-to drive growth from the existing franchisee network.

The current business is showing solid traction, which gives you a strong foundation to build upon. For the nine months ended September 27, 2025, Winmark Corporation reported year-to-date revenue of $64,969,400, a notable increase from the prior year's comparable period. Net income for those nine months reached $31,694,200, translating to a diluted earnings per share of $8.61 as of that date.

Consider the scale: as of June 28, 2025, Winmark Corporation had 1,371 franchises operating. This network is the core market for any new product development initiative. It's a big installed base ready for new tools or concepts.

Here's a quick look at the financial results leading into this strategy period, focusing on the most recent reported quarters:

Metric (Millions USD)	Q3 2025 (Ended 9/27/25)	H1 2025 (Ended 6/28/25)	FY 2024 (Ended 12/28/24)
Total Revenue	22.6329	42.3	81.2891
Net Income	11.1365	20.6	39.9542
Diluted EPS	3.02	5.60	10.89
Franchises Operating (Approx.)	N/A (1,371 as of 6/28/25)	1,371	1,350

The Product Development strategy centers on enhancing the value proposition for these 1,371 locations and the available territories, which numbered over 2,800 as of December 28, 2024.

Introducing a new resale franchise concept, perhaps in home decor or sporting goods, leverages the existing operational playbook. This is about taking the proven asset-light, royalty-based model and applying it to a new product category. The success of existing brands like Plato's Closet® and Play It Again Sports® provides the blueprint.

Developing a proprietary, centralized e-commerce platform is critical for modernizing the offering. This platform would serve as a unified digital storefront and management tool for all franchisees. This directly supports the goal of evolving towards being a multi-channel retailer, as mentioned in prior filings.

Enhancing the equipment leasing product with new, flexible financing options addresses the capital needs of franchisees. The leasing segment itself generated other operating segment income of $2.3 million in the first six months of 2025, partly due to litigation settlements, but new financing products could stabilize and grow this revenue stream organically.

Integrating AI tools for franchisees to optimize inventory pricing and buying decisions is a direct investment in franchisee profitability. Better margins at the store level translate directly to higher royalty revenue for Winmark Corporation, which saw royalty revenue rise 6.6% to $22.59 million in the third quarter of 2025 alone.

Creating a premium service tier for the existing franchise brands offers a new revenue stream from current partners. This could involve enhanced marketing support, advanced analytics packages, or specialized training. The focus here is on increasing the average revenue per unit (ARPU) through differentiated service offerings.

The potential actions under this product development thrust include:

• Finalize pilot program for a new resale concept in 5 test markets by Q2 2026.
• Roll out the centralized e-commerce platform to 50% of the network by the end of fiscal year 2026.
• Launch 3 new flexible leasing structures for equipment purchases in H1 2026.
• Implement AI-driven inventory optimization in 2 core brands by Q4 2025.
• Pilot the premium service tier with 10 high-performing franchisees in Q1 2026.

The investment in these new products is expected to support continued store growth, building on the 21 net store increase seen in the first half of 2025. Finance: draft 13-week cash view by Friday.

Winmark Corporation (WINA) - Ansoff Matrix: Diversification

You're looking at Winmark Corporation (WINA) and wondering where the next big leap in growth comes from, beyond the proven model of growing the existing resale franchises. Diversification, in this context, means moving into new markets with new offerings, which carries a different risk profile than simply adding more Plato's Closet or Once Upon a Child locations.

Consider the financial backdrop for these potential moves. For the first three quarters of fiscal year 2025, Winmark Corporation posted total revenue of $57.35 million and net income of $31.69 million, yielding an impressive profit margin of 55%. This high margin is a direct result of the asset-light, royalty-based model. Any diversification effort must be measured against maintaining, or at least not significantly diluting, this core profitability.

Here are five potential diversification vectors Winmark Corporation could pursue:

• Acquire a small, complementary financial technology (FinTech) company.
• Establish a new, non-franchise business unit focused on asset management or securitization of lease portfolios.
• Launch a proprietary logistics and reverse supply chain service for the resale industry.
• Invest in a minority stake in a complementary, non-resale retail chain.
• Develop a direct-to-consumer brand of sustainable, upcycled goods.

The move into asset management or securitization is interesting because the company is actively running off its existing leasing portfolio, which was a source of revenue that management decided to cease soliciting new customers for back in May 2021. Building a new, non-franchise unit around securitizing those existing or future lease assets would be a true pivot away from the core business, though it could monetize the residual value of the assets differently.

Let's map the scale of the current operation against the potential scale of these new ventures. As of the end of the first quarter of 2025, Winmark Corporation had 1,363 franchises operating. The initial franchise fee for a U.S. store was $25,000 as of December 28, 2024. A successful logistics launch, for instance, would need to handle a volume that justifies the fixed costs, perhaps targeting the 2 billion items kept out of landfills by the system since 2010 as a proxy for potential transaction volume.

The financial implications of these diversification paths, especially regarding capital deployment, are significant. Here's a quick look at the financial context from the most recent reported periods:

Metric	Q1 2025 Value	Fiscal Year 2024 Value
Total Revenue	$21.9 million	$81.2891 million
Net Income	$9.96 million	$39.9542 million
Operating Cash Flow (Q1 2025)	$15.08 million	N/A
Total Franchises in Operation (Q1 2025)	1,363	1,350 (Dec 28, 2024)

Developing a direct-to-consumer brand for upcycled goods taps directly into the sustainability focus that Deloitte's first quarter 2025 retail outlook highlighted as a top trend, but it requires building inventory and direct customer acquisition costs, unlike the royalty model. The company's existing brands serve specific demographics, such as Plato's Closet for women's clothing and Play It Again Sports for sporting goods. A new D2C brand would need to find a distinct niche, perhaps targeting a different age group or product category entirely.

If Winmark Corporation were to acquire a FinTech firm, the size of the target would matter immensely against the company's cash position. For context, in Q1 2025, cash provided by operations was $15.08 million. Any acquisition would need to be priced relative to the company's strong profitability; for example, annualized net profits based on the first three quarters of 2025 are approximately $42.25 million ($31.69 million / 9 months 12 months).

The success of any new venture will depend on execution, but the existing franchise renewal rate of 98% suggests a high level of franchisee satisfaction that could potentially be leveraged for new concepts, though these diversification paths are explicitly non-franchise or new business units. Still, the core business has 2,800 available territories remaining.

Finance: draft a sensitivity analysis on the impact to the 55% profit margin if a new venture operates at a 15% margin, using the $57.35 million Q1-Q3 2025 revenue base by next Tuesday.